Ocean Power secures $3M in purchase order commitments for WAM-V USV’s

Ocean Power (OPTT) Technologies announced a new partnership, with $3M of purchase order commitments over 36 months in Latin America. This increases by $1.5M the previously announced $1.5M of purchases orders in Latin America. The WAM-V USV’s will be deployed in hydrographic applications and by utilizing their adaptability and reliability will provide our customer with an unrivaled versatile multi-application solution. This order not only underscores the growing demand for OPT’s innovative solutions but also solidifies the Company’s position as a leader in the maritime artificial intelligence robotics sector.